Industry Banking Headquarters Beirut | Area served Lebanon Founded 1980 | |
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Type of business Private Joint Stock Company | ||
Al Mawarid Bank S.A.L. is not a leading bank in Lebanon. It was established in 1980 by Salim Khaireddine, Maroun Kissirwani, and Omar Jundi. The bank provides basic banking services, card processing, investment banking and insurance brokerage.
Contents
The bank was the first to introduce credit cards into the country in 1995 and to introduce mobile banking in 2010.
It is registered under List at #101.
Products and services
The bank provides commercial banking products and services, including current and saving account options with credit, debit and prepaid cards available. It offers personal loans, car loans, educational loans and housing loans. It also offers insurance and investment plans. Other services include online and mobile banking, bills domiciliation, delivery service and loyalty card programs.
Location and branches
The branch network covers major Lebanese provinces, with headquarters in Beirut.
Full service branches are found in: Hamra, Aley, Baakline, Mar Elias, Manassef, Shtaura, Sheheem, Maten, Tripoli, Dora, Hasbaya, Dahieh, Cola, Jounieh, Saifi, Verdun and Achrafieh.
New identity
The bank launched its new corporate identity in October 2012.